Here is Why the Southern Company (SO) is a Good Option to Invest in the Nuclear Space

The Southern Company (NYSE:SO) is included among the 13 Best Nuclear Power Stocks to Buy According to Analysts.

Here is Why The Southern Company (SO) is a Good Option to Invest in Nuclear

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The Southern Company (NYSE:SO), through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company has also carved out a leading role in the American nuclear energy sector and oversees eight reactors at three different facilities.

The Southern Company (NYSE:SO)’s Plant Vogtle power complex stands out for its first new nuclear reactor built from scratch in the country in more than three decades. Moreover, the company made headlines earlier this year when one of Vogtle’s legacy reactors powered up to full capacity, becoming the first commercial reactor in America to run on next-generation fuel. This enables the company to get more out of its existing reactors than in the past, marking a significant change for the overall industry.

The Southern Company (NYSE:SO) is known for its strong commitment to shareholders, having paid dividends without interruption for 78 years. Moreover, the company has raised its payouts for more than 20 consecutive years, putting it among the Best Dividend Stocks for a Dividend Champions List.

While we acknowledge the potential of SO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SO and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.